Tolko announces it will reduce stud lumber capacity by 20%
Tolko announced that it is implementing a flexible operating footprint at its Soda Creek and Armstrong stud lumber mills. This change will reduce the company’s operating stud capacity by 20%. Vice President, Solid Wood, Troy Connolly says the decision is a result of high log costs in B.C. and weak market conditions. “The continued and increasing pressures on log delivery costs in B.C. have eroded our competitiveness. This, in addition to continued weak markets, means we must take immediate and responsible action to ensure our long-term stability in B.C. We are ...
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